FG Nexus is selling 10,000 ETH again, with total losses exceeding 100 million dollars

The wallet of FG Nexus, a Nasdaq-listed company marked by Arkham (0x4a2…b82), transferred 10,000 Ethereum on Wednesday, worth approximately $17.8 million. FG Nexus accumulated 50,770 Ethereum at an average price of $3,860 between August and September 2025, when the position was valued at about $196 million. As the price of Ethereum dropped to around $1,765, its original investment has realized and unrealized losses exceeding $100 million. As of Thursday pre-market, FG Nexus's stock price fell 13.4% to $7.11.